News and Announcements

Change of Auditors

Following a competitive tender process and a recommendation from its Audit Committee, the Gemfields’ Board resolved to appoint Ernst & Young LLP (“Ernst and Young”) as its statutory auditors, commencing with the financial year ending 31 December 2022, subject to ratification by shareholders in the Company’s 2022 Annual General Meeting. The Board and the Audit Committee have taken the view that this change of auditors promotes good corporate governance given the long period that the incumbents, BDO LLP (“BDO”), have been in position.